SOURCE: NewMarket Technology, Inc.

December 10, 2007 11:25 ET

NewMarket Technology, Inc. Fourth Quarter Sales Momentum Includes Innovative Municipal Wireless Broadband Contract in Brazil

Wireless Project to Deliver Broadband Connectivity to Curitiba University in Parana, Brazil and Surrounding Neighborhoods

DALLAS, TX--(Marketwire - December 10, 2007) - NewMarket Technology, Inc. (OTCBB: NMKT) today announced a contract with Associcao Paranaense De Cultura (APC) to deliver a municipal broadband wireless solution to Curitiba University and the surrounding neighborhoods. The APC is a Brazilian company that manages universities, hospitals and radio stations. The contract between APC and NewMarket is intended to build the Curitiba solution as a pilot to be subsequently expanded to additional cities throughout the Brazilian state of Parana.

NewMarket traditionally has experienced very strong sales in the fourth quarter. Last week, the Company announced approximately $7.5 million in additional new contracts contributing to Newmarket's current fourth quarter sales momentum. The Company reported $63.5 million in revenue for the nine months ended September 30, 2007 and $2.8 million in net income. Year-to-date revenue has increased 19% compared to the same period last year and net income has increased 21%.

"Curitiba is known throughout Brazil as a leading city of innovation," said Bruce Noller, NewMarket Managing Director of Operations. "The city has won numerous awards for its public transportation system as well as for overall municipal planning. Nowhere is this spirit of innovation stronger than right here among the university executives and administration. This pilot project here in Curitiba will provide a proof-of-concept for multiple wireless broadband delivered applications delivering a host of community benefits."

NewMarket and APC have worked closely with Companhia Paranaense de Energia (COPEL), the local provider of Electricity and Telecommunications. Frank Romanoski, NewMarket Latin America (PINKSHEETS: NLAI) Board Member, said, "COPEL has contributed significantly to the realization of this contract in Curitiba, and we are grateful for their contributions. COPEL will be a cornerstone in the expansion of the Curitiba solution to additional cities throughout Parana. COPEL sees the wireless broadband solution as a platform for delivering new technologies solutions under development at COPEL to home and business customers."

The project is scheduled to be completed by February 29th, 2008.

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About NewMarket Technology, Inc. (

NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.

NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include, Latin America, China and Singapore.

NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.


This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

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